Headwater Gold, Inc. · CSE:HWG
Headwater Gold — Investor Presentation (October 2023)
26 slides from Headwater Gold's investor presentation, October 2023
Slide 1: Exploring for High-Grade Gold in the Western USA
EXPLORING FOR HIGH-GRADE GOLD CSE: HWG IN THE WESTERN USA OTCQB: HWAUF HEADWATERGOLD.com Q4 2023
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT This presentation includes certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein
Slide 3: Why We Are Different?
WHY WE ARE DIFFERENT? Early Drill Success With Tight Share Structure & Leverage to Upside Hybrid Business Model – Explorer & Project Generator Strong Local Technical Team With Major Company Experience Newcrest Mining Strategic Partnership: Earn-In Agreements on Four Projects CSE: HWG & OTCQB: HWAUF
Slide 4: Board of Directors and Technical Team
BOARD OF DIRECTORS Caleb Stroup Alistair Waddell Wendell Zerb Tero Kosonen Graeme Currie President & CEO Chairman Director Director Director MSc Geology BSc (Hons.), MAusIMM BSc P. Geol MSc (Econ.) Kinross, Nova Gold Kinross, GoldQuest, AngloGold Exeter, Canaccord, PI Financial NewQuest Capital Cana
Slide 5: Capital Structure
CAPITAL STRUCTURE Market Cap Shares Outstanding $18M 62,114,115 Options & Warrants Cash Outstanding 57.2% $3.5M Options: 5,850,000 32.9% Warrants: 3,644,960 9.9% Low Burn Rate Collecting Management Fee From Newcrest Headwater Gold is a NewQuest Capital Group company MANAGEMENT & Visit: www.nqcapital
Slide 6: Newcrest Earn-In Agreement
NEWCREST EARN-IN AGREEMENT Newcrest to earn up to a 75% interest individually in Mahogany, Lodestar, Midas North, and Spring Peak Projects for cumulative earn-in exploration expenditures of US $145,000,000 and completion of Pre-Feasibility Studies. Newcrest to sole fund US $10,000,000 in exploration
Slide 7: High-Grade Vein Focus Epithermal Model
HIGH-GRADE VEIN FOCUS EPITHERMAL MODEL “Bonanza” epithermal vein deposits among the highest-grade and most profitable gold deposits in the world Examples in the Western USA : ▪ Midas ▪ Sleeper ▪ Aurora ▪ Comstock Historic exploration was largely focused on near-surface bulk tonnage targets Un-tested
Slide 8: Key Milestones for Headwater
KEY MILESTONES FOR HEADWATER Q2 2021 H2 2021 H2 2022 Ongoing Exploration HWG PUBLIC TWO NEW GOLD NEWCREST RAPIDLY ADVANCING LISTING DISCOVERIES PARTNERSHIP THE PORTFOLIO 2022 Spring Peak Drilling: Completion of public listing on the Spring Peak Project Earn-in agreement up to 34.72 m at 2.73 g/t Au
Slide 9: Stock Performance – Previous 12 Months
STOCK PERFORMANCE – PREVIOUS 12 MONTHS 9th January 2023 Headwater Gold Reports High-Grade Gold from Multiple Veins in Initial Assays from Drill Hole SP22-13, Spring Peak Project, Nevada 13th July 2023 Headwater Gold Commences Drilling Click Here for the Full Release at Spring Peak Project, Nevada 16
Slide 10: Hybrid Discovery Model
Headwater Funded Exploration Headwater is systematically exploring seven 100% owned projects: • High-quality projects with little or no royalty burden • Actively acquiring new exploration opportunities • Direct upside for shareholders upon exploration success HYBRID DISCOVERY MODEL • Leverage for sh
Slide 11: Spring Peak Nevada
SPRING PEAK NEVADA Newcrest Earn-In Project Rapidly advancing new high-grade discovery with a clear analog next door at Aurora Mine Exploration program 100% funded by Newcrest pursuant to earn-in agreement Multiple new high-grade discoveries: Disco Zone: 15.92 g/t Au over 2.38 m Opal Ridge: 16.4 g/t
Slide 12: Spring Peak Nevada – New Disco Zone Discovery
SPRING PEAK NEVADA New Disco Zone Discovery Newcrest Earn-In Project 2022 Drill Program - Ten holes, funded by Newcrest • Four of ten hit greater than 15 g/t Au • Seven of ten hit interval with greater than 1 g/t Au • New high-grade Opal Ridge discovery CSE: HWG & OTCQB: HWAUF 12
Slide 13: Lodestar Project Nevada
LODESTAR PROJECT NEVADA Newcrest Earn-In Project Preserved high-level epithermal alteration with analogous geologic features to Headwater’s Spring Peak Property Exploration program 100% funded by Newcrest pursuant to earn-in agreement Immediately adjacent to Hecla’s past-producing high- grade Aurora
Slide 14: Midas North Nevada
MIDAS NORTH NEVADA Newcrest Earn-In Project Large under-explored precious metal system Epithermal Alteration with a clear analog at Hecla’s Midas Mine Exploration program 100% funded by Newcrest Large, un-drilled epithermal alteration cell immediately north of and adjoining Hecla Mining Company’s Mi
Slide 15: 100% Owned Self-Funded Projects
100% OWNED SELF-FUNDED PROJECTS Seven self-funded and 100% owned exploration projects High-grade gold discovered by Headwater at Katey Project – To be followed up in 2023 Multiple projects with drill-ready epithermal vein targets Actively generating new projects and discovery opportunities 2023 dril
Slide 16: Katey Project Oregon
KATEY PROJECT OREGON Headwater 100% Owned High-grade gold encountered in first drill hole KT21-01 which intersected 14.54 m at 6.34 g/t gold including 30.73 g/t gold over 1.95 m The KT21-01 intercept lies directly below zone of low-grade near surface gold intersected in historic drilling and interpr
Slide 17: Katey Project Oregon – West Zone Drill Plan
West Zone Drill Plan KATEY PROJECT OREGON Headwater 100% Owned High-priority drill targets for Phase 2 program in 2023 Auger soil sampling results suggest mineralization extends both north and south for at least 1 km, and remains open in both directions Soil samples returned individual values up to
Slide 18: Multiple Upcoming Catalysts
MULTIPLE UPCOMING CATALYSTS Five (5) Drill Rigs Operating ASSAYS ASSAYS UNDERWAY PENDING PENDING Spring Katey Mahogany Peak Drilling HWG +65% Drilling Drilling 1,500 m 11,500 m 3,000 m UNDERWAY Midas North Potential New Drilling Acquisitions 3,500 m “We are excited to kick-off another busy year of e
Slide 19: Why Invest?
WHY INVEST? EXPERIENCED TEAM WITH LARGE ACTIVE PROJECT LOCAL PRESENCE PORTFOLIO Strong capital market expertise combined Aggressively advancing a large portfolio of with a diverse, highly experienced Western 100%-owned and partner-funded projects US technical team QUALITY MULTIPLE UPCOMING JURISDICT
Slide 20: Additional Projects
ADDITIONAL PROJECTS CSE: HWG & OTCQB: HWAUF 20
Slide 21: Mahogany Idaho-Oregon
MAHOGANY IDAHO-OREGON Newcrest Earn-In Project High-level epithermal system with high-grade gold at the surface Exploration 100% funded by Newcrest Headwater core drilling in 2021 encountered 1.47 g/t Au over 12.25 m including 9.37 g/t Au over 0.73m Multiple high-priority drill targets tested with a
Slide 22: Crane Creek Project Idaho
CRANE CREEK PROJECT IDAHO Headwater 100% Owned Fully-preserved epithermal vein system with multiple high-grade targets, open pit and underground potential 100% interest in a commanding land package Gold-bearing epithermal quartz veins at surface Shallow historic drilling points to high-grade potenti
Slide 23: Crane Creek Project Idaho
CRANE CREEK PROJECT IDAHO Headwater 100% Owned High-grade vein potential within and beneath Mercury cap (projected) shallowly-defined mineralization Vein Photo A and 8.34 g/t Au Rock Sample Targeting basalt-hosted high-grade veins at depths > 100 m Planned exploration to include: • Trenching • Groun
Slide 24: Appendix
APPENDIX CSE: HWG & OTCQB: HWAUF 24
Slide 25: Frequently Asked Questions
FREQUENTLY ASKED QUESTIONS Where can I find more information about the Newcrest earn-in agreement? • For the full terms of the agreement, please visit the Headwater website here. Who is operating the Newcrest earn-in projects? • Headwater operates all of the Company’s projects, including the earn-in
Slide 26: Contact
CONTACT: Caleb Stroup Alistair Waddell President & CEO Chairman Tel: +1-507-313-1480 Tel: +1-604-681-9100 cstroup@headwatergold.com alistair@headwatergold.com 6170 Mae Anne Avenue 1130 West Pender Street Suite 3 Suite 1210, V6E 4A4 Reno, Nevada 89523 Vancouver, BC, Canada Brennan Zerb Investor Relat
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